On 2023-08-15, JohnO <
johno1234@gmail.com> wrote:
1Kg imported grapes $36 now, $31.30 after, saved $4.70.
Iceberg lettuce $5.50 now, $4.78 after, saving $0.72
So there you have it. Labour costing $2billion in lost
GST revenue to wealthy people can save a bomb on their
shopping bill but the poor save sweet fuck all*
Remember that a $1 to the poor is a great deal larger amount than a wealthly person.
However your point is taken, the wealthy spend up large(r) and create more
tax. So the Government loses more tax from the wealthly which means that
they (Thhe Government) has less money to distribute to the needy.
Bash the poor people who actually do the work. Still that has been happening from this Government for the last 6 years.
It takes a special kind of stupid to come up with Labour tax policy.
It is the Woke affect.
* In reality there will be no savings to customers. Prices are set by the market. The 15% drop in GST will simply be a windfall to supermarkets and other compliance resources such as accountants and IT vendors.
This certainly is the case. Supermarkets has prices which flucuate so it is pretty darn hard to nail down whether the GST has been removed or not. A
packet of biscuits moves within the range of $2.29 to $2.99 depending on whether or not it is a loss leader.
** Will that iceberg lettuce still be GST free if it is shrink wrapped?
What about if it has been shredded and bagged? No problem, Labour will
setup a new government department with committees to make such determinations. Along with an appeal process and some lawyers to run
that. But it will get a nice Te Reo name so I'm sure it will all be GREAT!
Labour are a party of morons who are so desperate for a vote they will
go against their own 2018 Tax Working Group's advice. No wonder Robbo
is looking fat - he's just swallowed the world's largest dead rat.
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